MoMo launches operations.

M2 EQUITYBITES-May 23, 2022--MoMo launches operations

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Global Banking News - 23 May 2022

MTN's MoMo Payment Service Bank (PSB) has formally launched its operations.

After receiving a license to function as a Payment Service Bank (PSB) from the Central Bank of Nigeria (CBN), the firm has commenced operations in the nation.

Market activation happened on May 19 in Lagos, the firm said. It is aiming to diversify its services in future and has an agent network of...

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